SUMMER 2019
experience better
APPLECROSS In this issue Market Facts | Finance Update | What’s Sold What’s Selling | Words of Wisdom
MARKET UPDATE
WELCOME 2019 has started well with good numbers through home opens and multiple sales.
If you are advising family or children to buy then now is that time.
Farmers are back in the market as a result of anticipated good harvests and prices this year.
As always, if you are thinking of buying or selling or would like a current market appraisal, please call me on 0414 400 136.
Equipment spending was up 17.5% on an average basis. Population was also growing at the fastest rate in 3 years and employment is growing. Other reports by CCI, showed $108 billion of resources coming on line concentrating on iron ore, lithium and rare earths. We are returning to a normal cycle having spent 4 years in the doldrums.
Kind regards
Cristina Spinella Sales Executive
0414 400 136
MARKET FACTS VOLUME OF SALES By Type HOUSES
16
LAND
0
UNIT
7
23
23
FOR SALE
GONE
UNIT SALES
HOUSE SALES Highest Sale
$10,500,000
Highest Sale
$1,100,000
Lowest Sale
$920,000
Lowest Sale
$476,000
(Source RP Data as at 31/01/2019)
FINANCE UPDATE At its latest meeting on 5th February, the RBA opted to leave the official cash rate on hold at 1.5%. This marks the twenty-eighth meeting in a row where the RBA has left rates unchanged, with the last rate change taking place in August 2016, a 25 basis point rate cut.
SOLD & SELLING (DEC 2018 QTR) Gone
Conon Rd APPLECROSS $2,410,000
Gone
4x2x8
Gone
Flanagan Rd APPLECROSS $3,000,000
4x3x2
Gairloch St APPLECROSS $1,880,000
3x1x2
Macleod Rd APPLECROSS $1,405,000
5x3x4
Selling
4x3x2
44A River View Tce MOUNT PLEASANT Closing Date Sale 3x2x2
Selling
4x2x2
3x2x3
Kintail Rd APPLECROSS $1,100,000
4x2x2
Gone
Selling
502/70 Canning Beach Rd APPLECROSS $2.4M - $2.6M 3x2x2
Dunvegan Rd APPLECROSS $1,550,000
Gone
Gone
Selling
16 Hogg Ave SALTER POINT $1,200,000’s
5x6x4
Gone
Gone
Dee Rd APPLECROSS $675,000
Duncraig Rd APPLECROSS $10,500,000
Gone
42 Salter Point Pde SALTER POINT From $739,000 Land
* DISCLAIMER - Not all of the above GONE properties have been sold or listed by Bourkes
Simpson Rd APPLECROSS $550,000
3x2x2
Selling
27 Milson St SOUTH PERTH Low $2M’s 4x3x4
Selling
23 Renwick St SOUTH PERTH Closing Date Sale 6x3x3
not
We’re the newest kids on the block that’s actually why you should use BOURKES! We have over 35 years of experience in helping lots of families move home. At BOURKES, we have proven sales processes to see you move quickly. Processes NOT promises! Talk to me today about improving your lifestyle for tomorrow on
0414 400 136.
If you are considering a move soon or would like to know what your property is worth in today’s market, please contact me at any time.
Cristina Spinella Sales Executive
0414 400 136 cristina@bourkes.com.au If you’d prefer to receive this report by email, please email me your details.
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